Ranger Investment Management L.P. Makes New Investment in American Superconductor Corporation $AMSC

Key Points

• Ranger Investment Management purchased 405,266 shares of American Superconductor, worth approximately $16.8 million, giving it a 0.84% stake. Institutional investors collectively own 52.28% of the company.
• American Superconductor’s latest-quarter revenue rose 30% year over year to $94.07 million, exceeding estimates, though EPS of $0.16 fell short of the $0.20 consensus forecast.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $55, while company insiders sold 37,391 shares worth $1.46 million over the past 90 days, largely to cover tax obligations on vested equity awards.

Ranger Investment Management L.P. purchased a new stake in American Superconductor Corporation (NASDAQ:AMSC - Free Report) during the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 405,266 shares of the technology company's stock, valued at approximately $16,823,000. Ranger Investment Management L.P. owned about 0.84% of American Superconductor as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Rockefeller Capital Management L.P. raised its position in shares of American Superconductor by 45.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,563 shares of the technology company's stock worth $45,000 after buying an additional 492 shares during the period. Caitong International Asset Management Co. Ltd purchased a new stake in American Superconductor during the fourth quarter valued at about $60,000. Optiver Holding B.V. purchased a new stake in American Superconductor during the first quarter valued at about $64,000. Canada Pension Plan Investment Board increased its stake in American Superconductor by 100.0% during the second quarter. Canada Pension Plan Investment Board now owns 2,000 shares of the technology company's stock worth $73,000 after acquiring an additional 1,000 shares during the last quarter. Finally, Federation des caisses Desjardins du Quebec increased its stake in American Superconductor by 275.0% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 2,625 shares of the technology company's stock worth $76,000 after acquiring an additional 1,925 shares during the last quarter. 52.28% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at American Superconductor

In other news, CFO John W. Kosiba, Jr. sold 6,769 shares of the firm's stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $37.46, for a total transaction of $253,566.74. Following the completion of the sale, the chief financial officer directly owned 334,377 shares in the company, valued at $12,525,762.42. This trade represents a 1.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Daniel P. Mcgahn sold 16,117 shares of American Superconductor stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $37.45, for a total value of $603,581.65. Following the sale, the chief executive officer directly owned 1,131,929 shares in the company, valued at approximately $42,390,741.05. The trade was a 1.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 37,391 shares of company stock worth $1,463,119 in the last ninety days. 3.60% of the stock is currently owned by insiders.

American Superconductor Stock Performance

American Superconductor stock opened at $30.01 on Monday. The firm has a market capitalization of $1.45 billion, a PE ratio of 9.90 and a beta of 3.27. American Superconductor Corporation has a one year low of $24.87 and a one year high of $70.49. The stock's 50 day moving average price is $35.01 and its 200 day moving average price is $37.88.

American Superconductor (NASDAQ:AMSC - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The technology company reported $0.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by ($0.04). American Superconductor had a net margin of 42.56% and a return on equity of 27.41%. The firm had revenue of $94.07 million for the quarter, compared to analysts' expectations of $87.12 million. During the same quarter in the prior year, the business earned $0.30 EPS. The company's revenue for the quarter was up 30.0% on a year-over-year basis. American Superconductor has set its Q2 2026 guidance at 0.170- EPS. On average, analysts forecast that American Superconductor Corporation will post 0.37 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Wall Street Zen lowered American Superconductor from a "hold" rating to a "sell" rating in a research note on Saturday. Roth Capital reissued a "buy" rating and set a $55.00 target price (down from $58.00) on shares of American Superconductor in a research report on Monday, August 10th. Weiss Ratings restated a "hold (c+)" rating on shares of American Superconductor in a report on Monday, August 3rd. Finally, Freedom Capital upgraded shares of American Superconductor to a "strong-buy" rating in a research note on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, American Superconductor currently has a consensus rating of "Moderate Buy" and an average target price of $55.00.

American Superconductor Company Profile

American Superconductor Corporation NASDAQ: AMSC is a technology company specializing in power electronics and high-temperature superconductor systems. Founded in 1987 and headquartered in Devens, Massachusetts, AMSC develops hardware and software solutions aimed at improving the efficiency, reliability and stability of electric power systems and renewable energy infrastructure. The company's engineering expertise spans from the lab scale to full commercial deployment, with a focus on tackling grid integration challenges for utilities and independent power producers.

AMSC's portfolio includes superconducting wire and cryogenic systems, power grid stabilization devices, and turnkey wind turbine electronics.

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